Agnico Eagle Mines (AEM) Tax Rate (2009 - 2026)
Agnico Eagle Mines (AEM) posted Tax Rate of 31.1% for Q2 2026, down 55.49% sequentially from 69.87% in Q1 2026, and down 279.0% YoY from 17.37% in Q2 2025.
Agnico Eagle Mines (AEM) Tax Rate (2009 - 2026) Analysis & Trends
Agnico Eagle Mines has reported Tax Rate for 18 years, with the latest figure at 31.1% in Q2 2026.
- Quarterly Tax Rate fell 279.0% year-over-year to 31.1% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 43.59% (up 682.0% YoY) and the FY2025 annual result came in at 33.45%, up 63.0% from the prior year.
- Tax Rate declined to 31.1% in Q2 2026 per AEM's latest filing, from 69.87% in the prior quarter.
- Over five years, Tax Rate peaked at 69.87% in Q1 2026 and troughed at 26.48% in Q4 2023.
- A 5-year average of 34.11% and a median of 33.72% in 2024 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2023 and 2024: Tax Rate tumbled 5635 bps in 2023, then soared 6140 bps in 2024.
- Over 5 years, Tax Rate stood at 29.87% in 2022, then tumbled by 189 bps to 26.48% in 2023, then jumped by 232 bps to 34.92% in 2024, then slipped by 2 bps to 34.27% in 2025, then retreated by 9 bps to 31.1% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 31.1%, 69.87%, and 34.27% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Newmont | 136.03 Bn | 127.02 Bn | 4.03 Bn | 31.74% |
| 2 | Agnico Eagle Mines | 106.09 Bn | 102.63 Bn | 2.43 Bn | 31.10% |
| 3 | Barrick Mining | 77.15 Bn | 71.23 Bn | 2.90 Bn | 27.90% |
| 4 | Wheaton Precious Metals | 68.18 Bn | 68.08 Bn | 687.86 Mn | 15.78% |
| 5 | AngloGold Ashanti | 58.68 Bn | 55.85 Bn | 1.70 Bn | -28.19% |
| 6 | Gold Fields | 40.68 Bn | 38.90 Bn | - | - |
| 7 | Pan American Silver | 21.86 Bn | 20.29 Bn | 457,000.00 | -36.98% |
| 8 | Coeur Mining | 21.72 Bn | 20.67 Bn | 535.85 Mn | 43.35% |
| 9 | Royal Gold | 21.39 Bn | 21.20 Bn | 390.45 Mn | 19.69% |
| 10 | Alamos Gold | 15.41 Bn | 14.78 Bn | - | -17.24% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 31.10% |
| Jun 30, 2026 | 31.10% |
| Jun 30, 2026 | 31.10% |
| Mar 31, 2026 | 69.87% |
| Mar 31, 2026 | 69.87% |
| Mar 31, 2026 | 69.87% |
| Dec 31, 2025 | 34.27% |
| Dec 31, 2025 | 34.27% |
| Dec 31, 2025 | 34.27% |
| Sep 30, 2025 | 33.04% |
| Sep 30, 2025 | 33.04% |
| Sep 30, 2025 | 33.04% |
| Jun 30, 2025 | 33.89% |
| Jun 30, 2025 | 33.89% |
| Jun 30, 2025 | 33.89% |
| Mar 31, 2025 | 44.92% |
| Mar 31, 2025 | 44.92% |
| Mar 31, 2025 | 44.92% |
| Dec 31, 2024 | 34.92% |
| Dec 31, 2024 | 34.92% |